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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Co-Diagnostics, Inc. (NASDAQ:CODX)

Weak Downtrend (-65) - CODX is showing signs of a strengthening downtrend. Monitor CODX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CODX?

MarketClub looks at technical strength and momentum to determine if the timing is right for CODX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_CODX
Open High Low CODX Price Change
1.04 1.09 1.04 1.07 -0.01
Entry Signal

MarketClub’s Trade Triangles for CODX

long term up The long-term trend has been UP since Jun 6th, 2024 at 1.30

intermediate term down The intermediate-term trend has been DOWN since Oct 30th, 2024 at 1.18

short term down The short-term trend has been DOWN since Nov 7th, 2024 at 1.18

Smart Scan Analysis for CODX

Based on our trend formula, CODX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CODX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.04 1.09 1.04 1.07 -0.01
Prev. Close Volume Bid Ask Time
1.07 61036 2024-11-19 15:59:16
Year High6.66Year High Date2018-06-05
Year Low1.45Year Low Date2018-02-27
52wk High2.229952wk High Date2024-08-23
52wk Low152wk Low Date2024-05-30
Average Volume85,391Shares Outstanding31,930
Market Cap18MAssets80,701,468M
Liabilities8,303,814MP/E Ratio3.4681
Volatility71.57
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